Total Cost of Ownership of Plug-in Electric Vehicles Calculations Data Sheet [supporting dataset]
Total cost of ownership (TCO) studies are generally used as a tool to understand how and when the plug-in electric vehicle (PEV) technology will reach cost parity with conventional fuel vehicles. Post cost-parity, the PEV market should be able to sustain without government intervention. The authors present here a detailed analysis of vehicle manufacturing costs and market-level TCO accounting for technology uncertainties, behavioral heterogeneity, and key decision parameters of automakers. Using the estimates of the vehicle manufacturing costs, the authors estimate the cost of electrification of California’s LDV fleet to achieve the state’s net-zero emission goal by 2045. The results suggest that PEVs may not be cost-competitive even in 2030 without stronger policy support and automakers' initiative. Moreover, TCO is not a single number and the cost of electrification will vary across the population based on the cost of vehicles available in the market, their charging capabilities at home and public, and energy costs. The TCO estimates and the cost of fleet electrification analysis not only has important implications for policymakers but can also offer a foundation for understanding the effect of market dynamics on the cost-competitiveness of the PEV technology.
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- Dataset URL:
- Dataset URL:
- Record URL:
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Supplemental Notes:
- The dataset supports report: Cost of Plug-in Electric Vehicle Ownership: The Cost of Transitioning to Five Million Plug-In Vehicles in California, available at the URL above. This document was sponsored by the U.S. Department of Transportation, University Transportation Centers Program.
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Corporate Authors:
University of California, Davis
Institute of Transportation Studies
Davis, CA United States 95616California Department of Transportation
Division of Research, Innovation and System Information
1727 30th Street, MS 83
Sacramento, CA United States 95816National Center for Sustainable Transportation
University of California, Davis
Davis, CA United StatesOffice of the Assistant Secretary for Research and Technology
University Transportation Centers Program
Department of Transportation
Washington, DC United States 20590 -
Authors:
- Chakraborty, Debapriya
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0000-0001-9898-4068
- Tal, Gil
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0000-0001-7843-3664
- Buch, Koral
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0000-0002-6909-6122
- Publication Date: 2021-7-12
Language
- English
Media Info
- Media Type: Dataset
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Dataset publisher:
Dryad
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Subject/Index Terms
- TRT Terms: Calculation; Costs; Data; Electric vehicles; Vehicle fleets
- Geographic Terms: California
- Subject Areas: Data and Information Technology; Economics; Energy; Highways; Vehicles and Equipment;
Filing Info
- Accession Number: 01779067
- Record Type: Publication
- Contract Numbers: USDOT Grant 69A3551747114
- Files: UTC, NTL, TRIS, ATRI, USDOT, STATEDOT
- Created Date: Aug 16 2021 9:04AM